FE REPORT | 2023-05-04 00:00:00
More than 1,000 women die due to infections in the reproductive organs (Pelvic Inflammatory Disease) in Bangladesh every year.At the same time, cervical cancer causes death of around 3,750 women in the country every year while unsafe miscarriages or abortions...
President Mohammed Shahabuddin on Wednesday directed all officers and employees of Bangabhaban to ensure neutrality, transparency and accountability at every level of their duties, reports UNB."We have to think of enhancing reputation of Bangabhaban as it has a long history...
FE REPORT | 2023-05-04 00:00:00
Bangladesh has the highest prevalence of child marriage with 34.5 million in South Asia, according to a UNICEF report released on Wednesday. In Bangladesh, 51 per cent of young women were married in their childhood, according to the report which...
BNP Secretary General Mirza Fakhrul Islam Alamgir on Wednesday said that Prime Minister Sheikh Hasina's visit to the USA, the event she joined at the World Bank headquarters and the meeting with IMF top official resulted in "zero achievement", reports...
WASHINGTON DC, May 02 (BSS): Prime Minister Sheikh Hasina today urged the countrymen to stay alert as the anti-liberation elements, killers and arson terrorists never return to power.“Make sure that the killers, anti-liberation elements and war criminals never return to...
LONDON, May 3 (Reuters): Britain's stock market rules are set to be radically simplified in an effort to help lure major company listings back to London under plans unveiled by the financial watchdog on Tuesday.Britain's appeal as a global financial...
HONG KONG, May 3 (AFP): Asian stocks were down on Wednesday following losses on Wall Street fuelled by fears of banking sector turmoil and jitters over interest rates.Sydney was more than one percent down in morning trade after the Australian...
ICB Employees' Union held a discussion on Monday to mark the historic May Day. Later, they joined the May Day rally organised by the Ministry of Labour and Employment. Union President Morshed Sarkar and General Secretary Sumon Matubbor among others...
Guardian Life Insurance Limited and Meghna Bank Limited signed an agreement whereby the Insurance company will provide group insurance coverage to all the Meghna Bank employees and their dependents. Sheikh Rakibul Karim, FCA, Chief Executive Officer of Guardian Life, and...
IFIC Bank has recently opened three branches in Natore, Panchagarh and Pirojpur, says a press release. The Natore branch was inaugurated at Diba Tower at Dhaka Road in Natore Sadar on April 30. Md Shafiqul Islam Shimul, MP, was present...
Modhumoti Bank Limited donated Tk 2.0 million to Nurul Islam High School as part of the bank's CSR programme on Tuesday. Md Shafiul Azam, managing director & CEO of the bank, handed over the cheque to Parvin Akter, head teacher...
Southeast Bank Limited signed a remittance disbursement agreement with Worthing FX Services Ltd, a UK-based money transfer company, at Southeast Bank head office in Dhaka on Tuesday. Nuruddin Md. Sadeque Hussain, managing director of Southeast Bank, and Md Golam Hossain,...
BRAC Bank achieved a 32 per cent growth in its net profit for 2022.The private bank and its subsidiaries registered a profit of Tk 612 crore in the last financial year, up from Tk 465 crore in 2021, Brac Bank...
FE REPORT | 2023-05-04 00:00:00
The securities regulator has expanded the listed securities against which margin loans will be allowed in an effort to enhance liquidity flow in the market.In a directive issued on Wednesday, the Bangladesh Securities and Exchange Commission (BSEC) said margin loans...
MOHAMMAD MUFAZZAL | 2023-05-04 00:00:00
The country's forex market which was extremely volatile a few months back has started to ease slowly. International markets too have begun showing signs of stability. These factors encourage investors to take positions in good stocks, such as multinational companies,...
Mohd. Safwan Choudhury has been re-elected vice chairman of Bank Asia Limited at the meeting of the board of directors held recently.Mr Choudhury is an eminent industrialist of Bangladesh. He is a former President of Sylhet Chamber of Commerce &...
FE REPORT | 2023-05-04 00:00:00
Grameenphone's profit dropped 3.8 per cent year-on-year to Tk 7.80 billion in the first quarter through March as it poured cash into its networks to broaden and strengthen connectivity. During the time, its finance expense jumped 65 per cent to...
BEIJING, May 03 (Reuters): US microchip export controls imposed last year to freeze China's development of supercomputers used to develop nuclear weapons and artificial-intelligence systems like ChatGPT are having only minimal effects on China's tech sector.The rules restricted shipments of...
BENGALURU, May 03 (Reuters): India's Tata Chemicals Ltd posted a 62 per cent jump in fourth-quarter profit on Wednesday, helped by demand for products such as soda ash, bicarbonate and salt.The chemical manufacturer's consolidated net profit rose to 7.09 billion...
BENGALURU, May 03 (Reuters): India's services activity expanded at the fastest pace in nearly 13 years in April, driven by robust demand, according to a private survey which also showed price pressures increased at their fastest rate in recent months.Strong...
Bangladesh Development Bank Limited (BDBL) Managing Director & CEO Habibur Rahman Gazi launched a month-long Deposit Collection, Loan Disbursement and Loan Recovery programme of the bank on Tuesday. General Managers Paritosh Sarker and Afroza Nasrin Chowdhury were also present.
Newly appointed Managing Director & CEO of Janata Bank Limited Md Abdul Jabber along with other officials paid homage to Father of the Nation Bangabandhu Sheikh Mujibur Rahman by placing a wreath at his portrait at Dhanmondi in Dhaka on...
ISTANBUL, May 03 (Arab News): Turkish annual inflation slowed to 43.68 per cent in April, official data showed on Wednesday, easing ahead of elections that polls show President Tayyip Erdogan risks losing largely due to a cost-of-living crisis. Unorthodox rate...
REZAUL KARIM | 2023-05-04 00:00:00
The government has dropped commerce ministry's recommendation on cash incentive to garment accessories and packaging industry with intent to spur the current export trend of the ready-made garment (RMG) sector.Sources said finance division has recently given its dissent to the...
Mastercard and National Bank Limited (NBL) have recently introduced multi-currency Mastercard Debit Card for NBL's customers. Md Mehmood Husain, Managing Director and Chief Executive Officer of NBL, Syed Mohammad Kamal, Country Manager of Mastercard, Syed Rois Uddin and Hossain Akhtar...
FE REPORT | 2023-05-04 00:00:00
The government is expected to launch a drive for sale of key essential items from mid-May to support around 10 million low-income families, a source said.He, however, said the drive might begin on May 14, 2023.The state-owned Trading Corporation of...
FE REPORT | 2023-05-04 00:00:00
The International Monetary Fund's (IMF) visiting staff consultation mission suggested a uniform exchange rate of US dollar instead of existing different rates.It also wanted to know about Bangladesh's export growth this year and the government's steps to increase export during...
FE REPORT | 2023-05-04 00:00:00
The BGMEA emphasised ethical buying practices and fair prices of products to develop a more resilient supply chain system for considering workers' rights and welfare with high importance. Bangladesh Garment Manufacturers and Exporters Association (BGMEA) President Faruque Hassan made the...
As many as nine winners of Islami Bank-Ria Money Transfer Cash Remittance Festival received motorcycles at a ceremony at the Islami Bank Tower in Dhaka on Tuesday, says a press release. Mohammed Monirul Moula, Managing Director and CEO of Islami...
Rear Admiral Moha-mmad Sohail took over as the new chairman of Chittagong Port Authority (CPA) on Tuesday, says a press release.He replaced outgoing chairman Rear Admiral M Shahjahan.Prior to his new assignment, Rear Admiral Mohammad Sohail had been serving as...
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